Friday, August 16, 2024

NPMHU Cost-of-Living Adjustment (COLA) set at $978

"...Cost-of-Living Adjustment (COLA) set at $978 Effective September 7, 2024 (Pay Period 20-2024), all career Mail Handler craft employees are scheduled to receive a cost-of-living (COLA) adjustment as outlined in Article 9.3 of the 2022 National Agreement. This is the fourth of six possible COLA increases under the terms of the current agreement. This COLA increase is based on the upward change in the relevant Consumer Price Index (CPI) following release of the July 2024 Index, using the July 2022 CPI index as a base. The resulting calculation provides an annual increase of $978 for all Steps in ..."    


This Article is From: NPMHU 317


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